Falcon Wealth Planning Increases Stake in NVIDIA Corporation $NVDA

Falcon Wealth Planning raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,369 shares of the computer hardware maker’s stock after purchasing an additional 4,399 shares during the period. NVIDIA accounts for 0.7% of Falcon Wealth Planning’s investment portfolio, making the stock its 21st largest holding. Falcon Wealth Planning’s holdings in NVIDIA were worth $7,168,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Astoria Portfolio Advisors LLC. boosted its stake in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after purchasing an additional 864 shares during the period. Centerpoint Advisory Group lifted its stake in shares of NVIDIA by 2.5% in the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock worth $4,270,000 after acquiring an additional 943 shares during the period. GSB Wealth Management LLC lifted its stake in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock worth $3,534,000 after acquiring an additional 1,043 shares during the period. Variant Private Wealth LLC lifted its stake in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock worth $2,038,000 after acquiring an additional 3,206 shares during the period. Finally, Financial Perspectives Inc lifted its stake in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock worth $4,981,000 after acquiring an additional 1,265 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

NVDA opened at $189.11 on Thursday. The company’s 50 day simple moving average is $178.67 and its 200 day simple moving average is $149.57. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $191.05. The stock has a market capitalization of $4.60 trillion, a PE ratio of 53.88, a P/E/G ratio of 1.34 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to analysts’ expectations of $45.65 billion. During the same period last year, the company earned $0.68 earnings per share. The company’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,898,491 shares of company stock valued at $686,333,234 over the last ninety days. Corporate insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on NVDA shares. Wedbush restated an “outperform” rating and issued a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. DA Davidson upgraded shares of NVIDIA from a “neutral” rating to a “buy” rating and increased their price target for the company from $195.00 to $210.00 in a report on Thursday, September 11th. UBS Group reiterated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Wells Fargo & Company increased their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Finally, Daiwa Capital Markets increased their price target on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $211.26.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.